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Commerce and Economy

Nepal identifies three potential projects to be implemented under Belt and Road Initiative

Xinhua : Nepalese Officials have identified three potential infrastructure projects to be implemented under the framework of China-proposed Belt and Road Initiative. The projects discussed by officials on Sunday include a cross-border railway project connecting China’s bordering town Kerung with Nepal’s capital Kathmandu, electricity transmission line connecting Kerung with Nepal’s …

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Budhigandaki project to hand over to India?

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By Our Reporter After strong reaction against scrapping the deal with the China Gezhouba Group Corporation (CGGC) for construction of Budhigandaki hydropower project producing 1200 MW electricity, the government on Friday, 24 November, decided to develop the Project on its own. DPM and Energy Minister Kamal Thapa informed that the …

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Global IME Bank opens more 3 branchless banks

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By Our Reporter Global IME Bank has started branchless banking service in Brahmadev of the Bhimdatta Municipality and Krishnapur Municipality in Kanchanpur, Parshuram Municipality in Dadheldhura Municipality. Local residents Rimesh Bahadur Khadka, Bharat Mahata and Bimala Kumari Bohara respectively been appointed as the representatives to operate Bank’s branchless service. The …

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Name and logo of NB Insurance Company changed

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By Our Reporter As per the decision of the 20th annual general meeting of the NB Insurance Company and after approval from the Insurance Committee, the management has changed the name and logo of the Company. Now, the Company will operate its service with the new name IME General Insurance …

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Nepal Business Excellence Award 2017 held

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By Our Reporter Confederation of Nepalese Industries (CN),in association with Frost & Sullivan, a global consulting firm based in the United States, organised “Nepal Business Excellence Awar-2017” amidst a function in Kathmandu last Tuesday. Sipradi Trading Private Limited, one of the largest trading companies in Nepal, has bagged the ‘Super …

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Construction works of Pokhara International Airport beings quietly

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By Our Reporter When the entire country has been in the election mood, construction of the much-talked-about Pokhara Regional International Airport has begun quietly. The locals of Pokhara came to know that the construction works have begun only when they saw heavy equipment including dozer, excavators, loader and tipper being …

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Three Gorges and NEA signs deal to construct West Seti project

By Our Reporter At a time when the CPN-UML and Maoist leaders have been criticizing the government for scrapping the decision to grant the Chinese company Gezhouba Group Corporation to build the Kaligandaki Hydro project, China Three Gorges Corporation (CTGC) and Nepal Electricity Authority (NEA) recently signed an agreement to …

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IME starts electricity bill payments services

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By Our Reporter IME has started online electricity bills payment which can be availed by customers from all over the country. As, per the latest offering by NEA, customers can now pay electricity bills online as well as through their mobile phones. These services aims to help customers avoid long …

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Himalayan Bank donates computers

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By Our Reporter Himalayan Bank Ltd. has provided a laptop and 20 desktop computers to Kuleshwor Awas Secondary School in Kathmandu-14, Kuleshwor on the occasion of 25th anniversary of the Bank under the corporate social responsibility initiations. The Bank has provided the computers with the aim of assisting the students …

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